The relative quickness of this one-two shot from the District Courts suggests an obvious flaw in the new Rule.
Tag "fiduciary"
![What Should 401k Plan Sponsors Do Now That The Fiduciary Rule Has Been Stayed?](https://fiduciarynews.com/wp-content/uploads/2024/07/gavel-pounding-2260626-660x395-1-scaled-505x306_c.jpg)
![‘Fiduciary’ Is The Best Practice 401k Plan Sponsors Can No Longer Ignore](https://fiduciarynews.com/wp-content/uploads/2024/07/checklist-1956737_1920-660x395-1-505x306_c.png)
It’s too easy for plan sponsors to get lost in the weeds when dealing with plan minutia. Yes, “the buck stops here” reality can overwhelm many. Delegation is the key. It’s also the Achilles Heel. This is where the magic word emerges.
![7 Opportunities 401k Plan Sponsors Have To Improve Plan Efficiency And Effectiveness](https://fiduciarynews.com/wp-content/uploads/2024/05/eye-1435565-660x395-1-505x306_c.jpg)
This isn’t a compliance audit, it’s an operating efficiency audit. That covers plenty of ground, from technology to benchmarking the value offered by the service provider.
![The American Airlines ESG Fiduciary Case Exposed The Problem With Mandated Proxy Voting (And More)](https://fiduciarynews.com/wp-content/uploads/2024/03/scam-pexels-mikhail-nilov-6964369-scaled-505x306_c.jpg)
Herein lies the potential for a direct conflict of interest. This applies generally to all proxy voting in commingled portfolios.
![I 💖 Fiduciary](https://fiduciarynews.com/wp-content/uploads/2024/02/red-roses-1380038-660x395-1-505x306_c.jpg)
All kidding aside, Valentine’s Day is more than cards, candy, and Cupid. It’s about renewing a vow to treat each other with the highest fiduciary standard.
These Classic Movies (Unknowingly?) Promote The Fiduciary Standard
It seems like each decade produces a major box office hit that exudes fiduciary. This whole “best interest” thing seems to have caught on in Tinseltown. More recent movies have added a good dose of the “honesty” part of fiduciary.